Pan number
This query is : Resolved
18 November 2011
DEAR ALL,
I WANT TO MAKE PAYMENT TO FOREIGN COMPANY AS PROFESSIONAL FEES AND IT HAS NO BRANCH IN INDIA. IF I DEDUCT TDS THEN PAN NUMBER OF FORIEGN COMPANY IS REQUIRED OR NOT. IF PAN NUMBER IS NOT THERE THEN WHAT IS RATE OF TDS.
I WANT TO MAKE PAYMENT TO FOREIGN COMPANY AS PROFESSIONAL FEES AND IT HAS NO BRANCH IN INDIA. IF I DEDUCT TDS THEN PAN NUMBER OF FORIEGN COMPANY IS REQUIRED OR NOT. IF PAN NUMBER IS NOT THERE THEN WHAT IS RATE OF TDS.
18 November 2011
if you dont have pan no then you have to pay tds @20%
if you dont have pan no then you have to pay tds @20%
18 November 2011
Tax deduction at source(TDS) will be deduct higher than prescribed rate or 20% if PAN is not furnished on all the transaction.
MORE INFO:
http://taxguru.in/income-tax/tds-rate-us-206aa-if-no-pan-on-payment-to-non-residents.html
MORE INFO:
http://taxguru.in/income-tax/tds-rate-us-206aa-if-no-pan-on-payment-to-non-residents.html
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Sale of property furniture sale
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
